New models for music in web36. Maj 10:30 | Radisson Blu Room 12
Through open protocols on open networks, Derive seeks to explore alternative models for the creation, curation, funding, and distribution of music. Blockchains, smart contracts and tokens - often lumped into the collective term web3 - are the starting point for an attempt at creating new opportunities for artists and labels, in a digital reality where "one size fits all" is the norm and the space for opportunity can be very limited.
Derive is an artist-led music platform where the participants are the curators. Through progressive decentralization of the platform's technical, organizational and curatorial parts, Derive aims to become a 100% community-driven project over time. The goal is to unearth sustainable alternatives to the common digital formats that dominate the music industry. Formats that do not necessarily suit all players equally well.